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3 years ago

What is the best loan option for a neighborhood Lemonade stand? Why?

Business

1 answer:

Radda [10]3 years ago

3 0

Short term loan is the best loan option for a neighborhood Lemonade stand because it is a small business.

Explanation:

Short term loan is obtained for a small business capital need. Short term loans are usually payable within an year. The interest to paid to short term loan is less compared to long-term loan.

Bank offers loan amount easily because they encourage people to do small business. In short term loan, risk is generally low and the profit is high if the business is running well.Since lemonade stand is a small business, short-term loan is the best loan option.

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Answer:

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3 years ago

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Answer:

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3 years ago

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2 years ago

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3 years ago

What is the best loan option for a neighborhood Lemonade stand? Why?​

What is the best loan option for a neighborhood Lemonade stand? Why?